Bhavik Polymers Private Limited

Bhavik Polymers Private Limited - metals and minerals in Delhi, India. FY 2026 financials & compliance.
CIN U51909DL2009PTC193789 Incorporated 02 September 2009 ROC Delhi HQ Delhi, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2024
₹2.56 Lakh
▼ 97% YoY
Net loss · FY 2024
₹28.28 Lakh
Latest filing
EBITDA · FY 2024
-₹4.92 Lakh
EBITDA margin -191.8%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹95.83 Lakh
Issued & subscribed
Open charges
₹28.1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Bhavik Polymers Private Limited

Data last updated:

Bhavik Polymers Private Limited is a private limited company based in Delhi, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 02 September 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2009PTC193789. Its GSTIN is 07AADCB8604P2ZA (Delhi). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹95.83 Lakh. It is led by directors Charat Sharma and Bharat Sharma.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3459 – 60/9 Gali Bajrang Bali Chawri Bazar, Delhi, India – 110006.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.56 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹28.28 Lakh and EBITDA of -₹4.92 Lakh (EBITDA margin -191.8%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 78% over five years.

As per MCA filings, the company has open charges of ₹28.1 Cr on record. Court records list 68 cases involving the company, including 51 filed by the company and 17 filed against it; 9 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cpvcbhavik.com.

Company Details of Bhavik Polymers Private Limited
CIN U51909DL2009PTC193789
Registration Number 193789
Incorporation Date 02 September 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    3459 – 60/9 Gali Bajrang Bali Chawri Bazar, Delhi, India – 110006
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Bhavik Polymers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Bhavik Polymers Private Limited

The main business activity of Bhavik Polymers is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Bhavik Polymers Private Limited FY 2024 filings available

Bhavik Polymers Private Limited reported revenue of ₹2.56 Lakh (down 97% YoY) for FY 2024.

Revenue · FY 2024
₹2.56 Lakh ▼ 97%
Net loss · FY 2024
₹28.28 Lakh
EBITDA · FY 2024
-₹4.92 Lakh margin -191.8%

Compounded Annual Growth Rate (CAGR) of Bhavik Polymers Private Limited

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 85%
5 years · compounded
▼ 78%
EBITDA CAGR growth
1 year
▼ 307%
3 years · compounded
▲ 82%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 97% fall in the latest year. EBITDA fell 307% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Bhavik Polymers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹4.92 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹28.28 Lakh••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Bhavik Polymers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-191.8%••••••••••••••••
Net Profit Margin••••••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhavik Polymers are in the company report.

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Financial statements from 2015

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Peer Comparison of Bhavik Polymers Private Limited

Bhavik Polymers Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Polymers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rl&Sons Infrastructure Private Limited₹2.65 Lakh (FY 2025)••••••••••••Raipur, Chhattisgarh, India
Lotus Re-Rollers & Metals Private Limited₹2.63 Lakh (FY 2021)••••••••13.0%••••Rourkela, Odisha, India
Ghazni Trading Private Limited₹2.63 Lakh (FY 2025)••••••••8.0%••••Raipur, Chhattisgarh, India
Brickbus Technologies Private Limited₹2.58 Lakh (FY 2024)••••••••-30.0%••••Chennai, Tamil Nadu, India
Roshni Buildtech Infra Private Limited₹2.57 Lakh (FY 2022)••••••••58.0%••••New Delhi, Delhi, India
Bhavik Polymers Private Limited this company₹2.56 Lakh (FY 2024)••••••••-97.0%••••Delhi, India
Pars Aria Global Trading Private Limited₹2.56 Lakh (FY 2020)••••••••••••New Delhi, Delhi, India
Saharsh Suppliers Private Limited₹2.56 Lakh (FY 2025)••••••••4.0%••••Bediadanga, West Bengal, India
Morya Realtors India Private Limited₹2.55 Lakh (FY 2020)••••••••6.0%••••Mumbai, Maharashtra, India
Siddheswari Infrastructures Private Limited₹2.55 Lakh (FY 2024)••••••••-52.0%••••Howrah, West Bengal, India
CSK Tube Enterprises Private Limited₹2.55 Lakh (FY 2025)••••••••-69.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Bhavik Polymers by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Bhavik Polymers Private Limited

Bhavik Polymers Private Limited is audited by VAPS & COMPANY for the financial year 2023.

NameStatusAppointment DateCessation Date
VAPS & COMPANYLockedLockedLocked
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Board of Directors of Bhavik Polymers Private Limited

Bhavik Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Charat SharmaDirector02 Sep 200917 Years 1 MonthsCurrent
Bharat SharmaDirector02 Sep 200917 Years 1 MonthsCurrent

Ownership and Shareholding of Bhavik Polymers Private Limited

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Charges & Borrowings of Bhavik Polymers Private Limited

Open charges
₹28.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹24.17 Cr
Bajaj Finance Limited₹2.50 Cr
Union Bank of India₹1.00 Cr
Axis Bank Limited₹0.43 Cr
Latest charge details
DateLenderAmountStatus
30 Jan 2025Others₹4 CrOpen
28 Sep 2020Axis Bank Limited₹42.58 LakhOpen
22 Sep 2020Others₹50.57 LakhOpen
30 Jul 2020Others₹48.9 LakhOpen
23 Jun 2020Others₹75 LakhOpen

Total charge records: 15 View all charges

Employees and EPFO Compliance at Bhavik Polymers Private Limited

Employment history and EPFO contributions of people linked to Bhavik Polymers.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Bhavik Polymers Private Limited

Bhavik Polymers Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Shri Ram Sharma ceased to be Director on 27 Nov 2020.

Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101050954 was registered on 30 Jan 2025.
AGM
Bhavik Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bhavik Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi Ii.
Ceased
Shri Ram Sharma ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100388729 was registered on 28 Sep 2020.
Charges
A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100434179 was registered on 22 Sep 2020.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100355250 was registered on 30 Jul 2020.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100443205 was registered on 23 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.96 Cr with Charge ID 100313314 was registered on 11 Dec 2019.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100298992 was registered on 01 Nov 2019.
Charges
A charge with Others amounted to Rs. 2.02 Cr with Charge ID 100308112 was registered on 31 Aug 2019.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100207417 was registered on 19 Sep 2018.

10 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Bhavik Polymers Private Limited

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MSME Payment Delays by Bhavik Polymers Private Limited

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Subsidiaries & Group Companies of Bhavik Polymers Private Limited

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GST Compliance of Bhavik Polymers Private Limited

Bhavik Polymers has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
07AADCB8604P2ZADelhiActive01 Jul 2017
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MCA Filings & Documents of Bhavik Polymers Private Limited

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Frequently Asked Questions about Bhavik Polymers Private Limited

Bhavik Polymers is an active private limited company based in Delhi, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 02 September 2009 (17+ years old) and is registered under CIN U51909DL2009PTC193789.

Bhavik Polymers reported revenue of ₹2.56 Lakh for FY 2024 (down 97% YoY).

Bhavik Polymers has 2 current directors:

Bhavik Polymers reported a net loss of ₹28.28 Lakh and EBITDA of -₹4.92 Lakh (EBITDA margin -191.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Bhavik Polymers is -85% over three years and -78% over five years. In the latest year (FY 2024) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Bhavik Polymers is 07AADCB8604P2ZA, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Bhavik Polymers is U51909DL2009PTC193789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhavik Polymers has 68 court cases on record: 51 filed by the company and 17 filed against it. 9 are pending. Most are in the district courts.

Bhavik Polymers was incorporated on 02 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Bhavik Polymers by revenue are Rl&Sons Infrastructure Private Limited, Lotus Re-Rollers & Metals Private Limited, Ghazni Trading Private Limited, Brickbus Technologies Private Limited, Roshni Buildtech Infra Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Polymers).

Shri Ram Sharma ceased to be Director on 27 Nov 2020. Bharat Sharma was appointed as Director on 02 Sep 2009. Charat Sharma was appointed as Director on 02 Sep 2009.

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